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Hacker News Recap

February 17th, 2024 | Big Pharma spends billions more on executives and stockholders than on R&D

Feb 18, 2024
This podcast discusses Big Pharma's prioritization of executive payouts over research, Raspberry Pi alternatives, Air Canada's customer compensation, TestGen LLM tool success, transitioning from developer to manager, challenges of entrepreneurship, and Apple's decision to kill web apps in the EU.
18:15

Podcast summary created with Snipd AI

Quick takeaways

  • Big pharma prioritizes profits for executives over research funding, impacting drug prices and development.
  • Tips for Raspberry Pi maintenance cover troubleshooting Wi-Fi, software, and SD card issues for continuous operation.

Deep dives

Senate's Findings on Pharma Spending Habits

An investigation by the Senate reveals the vast discrepancy between pharmaceutical companies' spending on executive compensation and stock buyouts compared to investments in research and development. Big pharma companies like Merck and Johnson & Johnson have been grilled over exorbitant drug prices in the US while splurging billions on enriching executives.

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